💵Sequoia Capital invested Rs 60 cr in Go Fashion in 2014
Now it has completely exited, making Rs 1,370 cr 💰
Return multiple in INR: 23 times
Return multiple in USD: 17 times
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The exit comes after the recent split by the India team, now called Peak XV, from Sequoia US
It has raised $9.2 bn & has delivered $4.5 bn in returns
“From a long-term perspective, they will have to perform as there is no longer cover from US returns"
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Also read 👇
❓The key question for Sequoia India - now Peak XV 🏔️ - is whether they can maintain the same allure among LPs 🤔
Shailendra Singh says that there is a direct relationship with LPs🤝
“The current leadership team has raised 10 out of the last 13 funds"
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